Berkshire Stock Gets Upgraded. Here’s Why the Analyst Says Buy.
1. Edward Jones upgraded BRK.B to a Buy, citing strong balance sheet. 2. Berkshire is underperforming relative to the S&P 500 index this year. 3. Share price reflects reasonable valuation at 1.5 times projected book value. 4. Analyst highlights $350 billion cash could catalyze future earnings growth. 5. Buffett's upcoming CEO transition may have affected current stock performance.